March 25, 2013 at 13:53 PM EDT
Citi: Pepsi-Mondelez Merger Would Be Salty-Sweet
Bloomberg If Kraft spinoff Mondelez merged with Pepsi, the result would be the world’s largest snack enterprise with incredible scale in emerging markets. As the larger of the two, Pepsi (PEP) would be the likely buyer of Mondelez International (MDLZ), says Citigroup Analyst David Driscoll. Pepsi could see a 4% boost in earnings per share in the first [...]
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